Monterey Conference Center renovation receives green light

Monterey hotel owners have overwhelmingly approved a plan to tax themselves to pay for the renovation of the Monterey Conference Center.

Nearly 91 percent of the votes cast by hotel, motel and inn owners were in favor of financing the renovation through a Conference Center Facility District (CCFD).

The CCFD would levy tiered tax rates on hotel and motel properties based on the type of hotel property, with adjacent hotels at 4.15 percent, full-service hotels at 1.6 percent and limited service hotels at 0.8 percent.

The results of the election will be brought to the Monterey City Council at its March 4 meeting. At that time, the council will be asked to adopt a resolution declaring the results of the Special Mailed Ballot Election; an ordinance levying the special tax; and associated actions.

The Monterey Conference Center opened in April 1977.

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Monterey Conference Center renovation receives green light

Monterey hotel owners have overwhelmingly approved a plan to tax themselves to pay for the renovation of the Monterey Conference Center.